Xchanging to enhance its CPS by implementing AIM Software’s comprehensive GoldenCopy Solution

September 9, 2008 --
FRANKFURT, LONDON, 9th September 2008 – AIM Software, a leading provider of reference data management solutions to the financial industry, announced today another successful going-live of GAIN Golden Copy, which serves as the new technological basis for Xchanging’s established Central Price Service.
Xchanging Transaction Bank (XCH.L), the financial service provider with more than ten years’ experience in the valuation of financial instruments, has significantly expanded its Central Price Service offering with the successful implementation of the GAIN GoldenCopy platform of AIM Software. With its Central Price Service, Xchanging Transaction Bank provides institutional investors with validated prices and static data for publicly listed, structured and over the counter (OTC) financial instruments. As a result of the project, Xchanging can now process a much higher volume of data.
The new platform automatically checks the financial data within specified tolerances and clears up and standard-izes the data of different suppliers. The Central Price Services team valuates some 1,000 structured products a day. “Our philosophy is to invest in processes and services in order to improve and develop them continuously for the benefit of our customers”, comments Mike Margetts, Executive Director of Xchanging Financial Markets.
As part of the contract Lufthansa Systems, a global IT service provider based in Germany is responsible for the Application Service Providing, while AIM Software provides the service-oriented GAIN Data Management platform and parameterizes the application to Xchanging’s needs.
Markus Ehart, Project Manager at AIM Software, points out the main drivers for this cooperation: “AIM Software focuses on a fast implementation of its products to achieve an early ROI for the client. Customers have now the full choice to either manage AIM Software’s multi-entity capable platform as a fully outsourced service or a fully inte-grated application. By utilizing AIM Software’s knowledge in financial data management and the extensive know-how of Lufthansa Systems in service-oriented IT infrastructure, Xchanging can now additionally bank on extended service-level agreements.”
By deploying GAIN GoldenCopy, Xchanging Transaction Bank managed to reduce manual tasks and to increment the automation of standardized data validation thereby increasing overall operational efficiency. Xchanging’s customers in Financial Markets can now benefit directly from the added-value services provided by the GAIN platform. From now on processes and new entities can be added within the GAIN platform easily.
“AIM Software is pleased to welcome Xchanging Transaction Bank in the extensive GAIN user group. The result of this project is a new offering of a central platform for about 15 banks helping them to better and more cost efficiently meet their daily needs in reference data management," says Martin Buchberger, Head of Marketing and Sales at AIM Software.

Similar entries

  • VIENNA (Austria),18th September 2008 - AIM Software, a global provider of reference data management solu-tions to the financial industry with more than 100 references, and Avaloq, the Swiss market le

  • ) March 10, 2009 -- GoldenSource Corporation a global software provider of enterprise data management (EDM) solutions for financial and securities institutions worldwide, today announced that Standard Chartered Bank has chosen GoldenSource Securities & Products to automate the creation of golden copy corporate actions notifications.

  • S7 Software, a Bangalore-based software services provider, has successfully ported a high performance transaction processing database application to HP Integrity servers for a leading provider of core processing for financial institutions. This company, a member of the Standard & Poors (S&P) 500 Index, is a leading provider of core financial institution processing, mortgage loan processing and related information products.
    S7 Software worked with HP and the company to make the companys flagship high performance database available on HP-UX 11i v3 and Linux on HP Integrity servers to derive a high level of performance and scalability from this architecture. S7 Software has worked on successful project experiences in the past with HP.

  • ZURICH, LUGANO, VIENNA, September 24, 2008 - AIM Software, a global provider of reference data management solutions to the financial industry, and B-Source, a leading service provider of Business Process Outsourcing (BPO) and IT Operations Outsourcing (IT

  • ) December 18, 2008 - Element Payment Services™, Inc. (Element) announced today that Marathon Data Systems has adopted Hosted Payments, the first payment processing solution to take software providers out-of-scope for PA-DSS (PABP) compliance requirements.

  • ) June 22, 2009 -- SunGard and RBC Dexia Investor Services, one of the world's largest fund transfer agents, have collaborated to provide an automated fund trading and settlement solution for global markets. The solution will help SunGard customers connect to and trade with approximately 9,000 additional funds available in Europe on RBC Dexia's platform through a single connection.

  • ) October 15, 2008 -- QuIC Financial Technologies Inc, a global solutions provider of risk management, pricing and financial analytics, has announced the European Bank for Reconstruction and Development (EBRD) has successfully gone live with the QuIC Market Risk Solution.

  • ) March 31, 2009 -- Today, Insite Data Services (IDS) and SHAZAM announce the availability of a new application hosting and network management service. This new service will be offered to community banks that want to benefit from a comprehensive, secure and cost-effective core banking solution. A full range of financial ancillary products plus the Microsoft® Office application suite are available.

    Insite Data Services

  • ) October 15, 2008 -- Digital Fuel®, the leader in IT Service Management (ITSM) solutions, today announced that Communisis (LSE:CMS), a leading marketing services and print manufacturer, has selected Digital Fuel's ServiceFlow Service Level Management software solution to automate key service management processes.

  • ) April 30, 2009 -- iVeri Payment Technologies (pronounced "ivory"), a leading provider of multi-channel e-payment solutions, has licensed its Payment Gateway and MiCard™ e-payment processing solution to Dashen Bank SC, a private commercial bank in Ethiopia. iVeri's Payment Gateway will help Dashen Bank to become the first bank in Ethiopia to acquire mCommerce, eCommerce and Mobile merchant transactions. The bank has also chosen iVeri's MiCard™ software which for the first time will enable Dashen Bank account holders to interact with the bank via SMS.

  • ) December 1, 2008 -- Clarizen, a provider of on-demand, online project management software, today announced it is exhibiting and presenting its SaaS project management solution at the Autodesk University trade show in Las Vegas from December 2-5, 2008. Clarizen will demonstrate its SaaS-based collaboration tool integrated with Autodesk's AutoCAD software at booth #201 in the General Design auditorium.

  • FBN Banks core business application, Flexcube, (now owned by Oracle Corporation) is a mission critical application central to the banks trading activities. Traditionally this solution has been supported by a combination of in-house generalists and 3rd party support providers. To further enhance their levels of customer service and increase application resilience, FBN Bank reviewed their current support procedures and determined a more specialist Oracle support provider was required.

  • ) June 29, 2009 -- Clearing and custody providers RBC Correspondent Services and RBC Advisor Services, divisions of RBC Capital Markets Corporation, will implement SunGard's WealthStation to provide RBC's correspondent firms and registered investment advisors (RIAs) with an integrated wealth management platform that enhances their ability to acquire, service and grow their client relationships.

  • ) August 4, 2009 -- SunGard's Fame is integrating its historical, global market data with FINALYZ AG's modeling tools to help financial services institutions enhance their ability to accurately analyze and forecast pricing and valuation on global instruments. Fame and FINALYZ AG provide firms with performance data and time-series analysis to help support the complex nature of today's financial markets.

  • ) November 11, 2008 -- Nippon Research Center (NRC), Japan's fifth largest Market Research agency among domestic capital-owned research agencies, has selected Confirmit to conduct its Web-based survey projects, clean and process survey data, and provide online reporting access to its clients.

    NRC will use Confirmit for domestic and international studies that are conducted across its online panel. The Confirmit On-Demand platform will be integrated with Confirmit Data Central and Confirmit Reportal to provide a complete solution for data collection, data processing, and online analysis and reporting.

  • September 8, 2008 --
    Denver, CO - FAXAGE Internet FAX service continues national rollout with service addition in Charlotte, NC.
    FAXAGE, the value-leader in Internet FAX services, has recently reported the addition of Charlotte, NC for local number inbound FAX services. With this expansion, FAXAGE now serves over 61,000 exchanges in the United States with local fax numbers. Local number portability is also offered in all exchanges served. FAXAGE additionally offers Toll-Free numbers that are accessible from all of the United States and Canada and flat-rate outbound faxing to the Continental United States, Canada and Hawaii.
    In terms of network presence, FAXAGE covers 44 major metropolitan markets and surrounding areas.

  • ) May 29, 2009 -- After analysis of the standard test scenarios provided by SAP, TPG realized that none of the standard scenarios was capable of covering the broad interface functionality of TPG PSLink. "It was essential for us to not just earn the 'SAP Certified' label, but to have SAP validate the architecture and functionality of the numerous interface functions of our product," said Stavros Georgantzis, Managing Director of The Project Group. "Our customers want to see that our product is tested against the SAP business objects that we address in their implementation, so we certified the interface functions of all use cases related to our business."

  • August 26, 2008 --
    San Jose, California — Resonate Inc., http://www.Resonate.com, the leading provider of award winning traffic management and load balancing solutions, today announced that it is shipping the latest version of Resonate Central Dispatch™ for Microsoft Windows Server 2008.

  • ) November 24, 2008 -- SunGard has integrated XSP's global corporate actions software capabilities with SunGard's Phase3 multi-asset, multi-currency securities processing solution in a SunGard-hosted application service provider (ASP) environment. SunGard will provide customers with Web-based access to the XSP v5 corporate actions platform. The integration with Phase3 will help improve straight-through processing and help reduce the cost and complexity of global corporate actions processing.

  • ) October 28, 2008 -- Regent Education, the leading provider of financial aid management Software-as-a-Service (SaaS) solutions for higher education institutions, today announced the white paper release, Software as a Service (Saas): A Financial Aid Perspective.

    SaaS is changing the way institutions manage financial aid by solving the compliance headaches, resource constraints, and manual processes that financial aid offices have been dealing with for decades

  • ) June 25, 2009 -- Element Payment Services announces the launch of the PCI Compliance Quiz Widget, created to help widen the knowledge base of Payment Card Industry (PCI) compliance.

    The PCI compliance standards were developed by the major payment card brands, under the umbrella of the Payment Card Industry Security Standards Council, in response to a recent growth in data security breaches. They apply to all businesses that handle payment cards.

  • ) April 23, 2009 -- LC E-Commerce Solutions has released a new application named E-ComBanner as part of its Tacoma RIA E-Commerce suite of applications. E-ComBanners allow instant deployment and management of an online shop in a unique banner which can be embedded into or float and dissolve within any web page. One-click checkout within the banner is powered by PayPal and Google Checkout and customers' products and banners are managed by an easy-to-use desktop application. The application was built with Adobe® Flex® Builder and leverages Adobe® LiveCycle® Data Services ES and Adobe® AIR® for a unique combination of enterprise class data services capabilities, cross-platform reach, and an expressive user interface.

  • AIM Software announced today that European Fund Administration has decided to announced today that European Fund Administration has decided to implement AIM Software's GoldenCopy solution.

  • ) October 27, 2008 -- SunGard has enhanced its Brass order management and direct market access platform by integrating multi-currency, multi-access trading capabilities and compliance services. The enhancements help reduce the gap between a firm's trading and compliance processes, and provide customers with global access in a cost-effective, bundled solution.

  • ) June 8, 2009 -- Banque Cantonale de Fribourg (BCF), the state bank of the Swiss canton of Fribourg, has selected SunGard's Ambit MINT, part of the Ambit Messaging solution suite. The solution gives BCF connectivity to a number of financial networks, including SWIFT, SIC, euroSIC and SECOM, helping the bank to improve operational efficiency, manage risk and reduce costs.

    SunGard Logo

  • ) January 21, 2009 -- Updata Advisors, a leading investment bank specializing in mergers and acquisitions for the information technology industry, has published its annual outlook report on IT M&A trends and predictions for 2009.

  • ) April 5, 2009 -- RevX SYSTEMS introduced its SaaS Integration Platform (SIP) at SaaSCon 2009 to address Enterprise IT requirements for integrating Software-as-a-Service (SaaS) with legacy technologies, applications, data and business processes.


    The RevX SaaS Integration Platform is designed to satisfy a broad range of enterprise requirements for federating and integrating systems. This messaging-based gateway serves as a local "integration hub" connecting on and off premise SaaS and Cloud based services. The Integration Platform addresses service usage monitoring, data security, message validation & transformation, business process orchestration and rules management.

  • AIM Software today announced that Wegelin & Co., a Swiss private bank, has successfully implemented AIM Software’s interface to improve the import of Telekurs data into the APSYS banking application of SunGard.

  • ) May 11, 2009 -- SunGard has acquired the ICE Risk commodity trading solution from IntercontinentalExchange (NYSE: ICE). ICE Risk is a real-time position-keeping and risk management system that captures and values exchange-traded and cleared products across multiple trading venues. ICE Risk also provides exchange connectivity with real-time trade feeds. The acquisition, the terms of which were not disclosed, is not expected to have a material impact on SunGard's financial results.

    SunGard Logo

  • ) October 2, 2008 -- Acxius Strategic Consulting, a management consulting and systems integration company today announced that it has partnered with Attunity, a leading provider of enterprise-class software for real-time event-capture and data integration. The partnership involves Acxius integrating the cost-effective change data capture Attunity Stream product to satisfy the need for immediacy and access to real-time data.

    Attunity's change data capture (CDC) product makes it easy to capture, move, notify and act on changing data wherever it resides in the enterprise. Acxius plans to utilize Attunity Stream and the Attunity SSIS CDC Accelerator as Best Practice tools for those client data warehouses that need a maintenance friendly, scalable and high performing solution.

  • ) November 12, 2008 -- SaM Solutions, a leading software company providing outsourced application development form Eastern Europe, has established a new office in central London to support a growing client base. SaM Solutions UK Ltd. represents a significant expansion of the company's global presence and positions SaM in the strategically important London financial district as well as home to the headquarters of several of Europe's largest companies.

  • ) December 2, 2008 -- Centrix Solutions Inc., a provider of risk management products to financial institutions, today announced that Payee Match has been added to Exact/TMS™, the comprehensive check positive pay, ACH positive pay and check reconcilement system developed by Centrix. This enhancement allows financial institutions to take the fight against fraud to a new level by offering corporate clients a fraud detection service that automatically detects when a payee name has been altered on a check.

  • ) June 15, 2009 -- Kohlberg Kravis Roberts & Company (KKR), a leading global alternative asset manager and private equity firm, has selected SunGard's STN Securities solution to help improve its trading efficiency from price discovery through execution. STN Securities is part of the SunGard Transaction Network, an order routing network for equities, fixed income and options, connecting asset managers, issuers, and broker-dealers globally.

  • ) May 26, 2009 -- Stratus Security Technologies is set to deliver the first beta version of its Stratus Platform, a cloud computing API (application programming interface) management and security service, June 1. The company is inviting qualified companies to apply for a free, three-month trial of the new platform.


    The Stratus Platform:
    The Stratus Platform is a cloud computing API management service that gives companies the control, security and reliability needed to quickly build new business channels by opening their platforms via web services APIs.

  • ) September 14, 2009 -- Asset Control, the world-wide leader in financial data management solutions, is launching AC Invest, a new web-based data management platform that enables financial institutions to quickly and cost-effectively address their increasingly complex data management requirements. AC Invests' powerful logic engine combined with its intuitive interface give users control of all stages of the data management process, creating a complete data compliance system.

  • ) May 19, 2009 -- Greenplum, a leading provider of database software for the next generation of data warehousing and analytics, today announced that OnMobile has selected Greenplum to power its analytics and reporting platforms for its value added services offering. Greenplum Database is powering OnMobile's systems to enable its product managers and OnMobile customers to learn about consumer behavior and to shape service offerings.


    OnMobile (NSE:ONMOBILE) is one of the largest white labeled Data and Value Added Services (VAS) companies for Mobile, Landline and Media Service Providers. OnMobile's innovative products like Phone Book 2.0, Say & Search, M-Radio, Ringback Tones, Mobile Paparazzi and Messaging enhance the mobile phone customer experience.

  • ) August 31, 2009 -- Q2 Software, Inc., a progressive financial services technology company for community financial institutions, today announced that Private Bank of the Peninsula, in Palo Alto, CA with $271 million in assets is adding Positive Pay and Personal Financial Management to their integrated Q2 electronic banking platform.

    Q2 Software

  • ) October 20, 2008 -- SunGard has enhanced the financial planning content available in its WealthStation wealth management platform to help firms attract, service and grow client relationships. WealthStation has been integrated with Advisys' Back Room Technician (BRT) to provide advisors with seamless access to content on a wide range of financial planning topics.

  • ) September 9, 2009 -- Addressing the 4 C's of typical CBS (Core Banking Solutions) challenges, Ramco's new Banking & Financial, Health Monitoring & Analytics Solution provides the critical proactive management and monitoring for institutions to decrease Cost and Complexity, address Compliance & Regulation levied by State and Federal authorities and improve Competitiveness. Ramco's Software measures, monitors and manages the infrastructure and makes the environment as dynamic as the business. Banks and Financial institutions can now proactively leverage comprehensive, integrated performance management capabilities to aggressively address the 4 C's.

  • ) September 14, 2009 -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, today announced the addition of accounts receivable and cash management capabilities within its global trade and supply chain platform, Proponix360™.